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The 20th Beijing International Explosion Proof Electric Technology & Equipment Exhibition

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SHANGHAI,CHINA

August 26-28,2020

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Industry News
The following is the news list page
10 2020-09

Oil markets turning bearish amid signs of pandemic’

(Bloomberg) --Six months after the coronavirus pandemics initial punch, signs of a second wave are already emerging in the oil market. Chinas buying has slowed after the nation binged when cr......

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08 2020-09

Jordan to resume Iraqi oil imports halted by pandem

(Bloomberg) --Jordan will resume imports of crude oil from its Middle East neighbor Iraq this month after suspending shipments due to the coronavirus. Imports of about 10,000 barrels a day wi......

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03 2020-09

Oil prices fall on lower U.S. refinery demand proje

NEW YORK (Bloomberg) --Oil tumbled to the lowest level in more than a week with the expectation that refinery demand for crude will weaken in the fall and as investors sought refuge in a stro......

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24 2020-08

China charters 19 tankers for record U.S. crude oil

NEW YORK (Bloomberg) --U.S. oil exports to China are set to reach a record next month in a sign that Beijing is stepping up purchases to meet its commitments under a landmark trade deal reach......

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18 2020-08

OPEC+ tries to balance market share gains with weak

LONDON (Bloomberg) - OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices. Whether they c......

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14 2020-08

Bleak air travel forecasts lead IEA to lower oil de

LONDON (Bloomberg) --The International Energy Agency cut forecasts for global oil demand as air travel suffers from the coronavirus crisis even more than previously expected. The IEA reduced ......

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04 2020-08

Oil tests $40 as OPEC’s extra barrels loom on the

SINGAPORE (Bloomberg) --Oil edged below $40 a barrel as OPEC+ producers started supplying more crude to a global market where many countries are still struggling to contain the coronavirus. T......

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03 2020-08

OPEC+ plans to pump more crude into a precarious gl

LONDON (Bloomberg) - From quiet skies over Europe to sparse traffic in Americas biggest cities, a recovery in global oil demand is faltering amid the resurgence in coronavirus. That poses a p......

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20 2020-07

Ecopetrol revises 2020 capital plan upwards on sign

BOGOTA - Ecopetrol S.A. reports that the Board of Directors approved a new organic investment plan for the Ecopetrol Group (GE) with an estimated amount between US $3 $3.4 billion by 2020. Th......

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15 2020-07

Oil prices stabilize as OPEC compliance eases U.S.

NEW YORK (Bloomberg) --Crude futures in New York rose in tandem with a broader recovery in equities markets, as initial signs that OPEC members intend to comply with promised oil-production c......

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05 2020-06

Oil price slide continues on OPEC+ strife, questio

SINGAPORE (Bloomberg) - Oil retreated from a three-month high as OPEC+ unity was threatened by a long-running feud over complying with production cutbacks, while U.S. data cast doubt on the s......

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03 2020-06

Shale’s reawakening begins as oil holds above $30

HOUSTON (Bloomberg) - Early signs of a shale rebound are becoming evident as crude prices emerge from their dramatic collapse earlier this year. EOG Resources Inc., Americas largest shale-foc......

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27 2020-05

Oil prices climb on prediction of swift demand reba

SINGAPORE (Bloomberg) - Oil rose above $34/bbl, following a prediction from Russia that the market may rebalance as early as next month due to historic output cuts from global producers. Russ......

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26 2020-05

IEA chief says low oil prices will take demand beyo

LONDON (Bloomberg) --Global oil consumption hasnt peaked, the head of the International Energy Agency warned, throwing cold water on hopes the coronavirus will cap demand and reduce climate-c......

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25 2020-05

Swift production declines may keep shale operators

HOUSTON (Bloomberg) --Oil prices have surged more than 75% in the U.S. this month. But dont expect a quick rebound in supply from shale explorers. The quick turnaround in oil markets is expos......

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